Are KuCoin shares a good investment for earning passive income and how often do they distribute rewards?

3 answers

• Tolstrup BrockOct 29, 2021 · 4 years ago
  KuCoin shares can be a good investment for earning passive income. As a holder of KuCoin shares, you are entitled to a share of the exchange's daily trading fees. The more shares you hold, the larger your share of the fees. This can provide a steady stream of income over time. In terms of rewards distribution, KuCoin distributes the rewards on a daily basis. The distribution is based on the previous day's trading volume and the number of shares you hold. So, the more shares you have and the higher the trading volume, the more rewards you will receive.
  557

  279
• G1nphyJul 10, 2024 · a year ago
  Investing in KuCoin shares can be a great way to earn passive income. The shares have the potential to appreciate in value over time, which can result in capital gains. Additionally, as a shareholder, you are entitled to a portion of the exchange's profits, which are distributed as rewards. The frequency of rewards distribution depends on the trading volume and the profitability of the exchange. Generally, rewards are distributed on a daily basis. However, it's important to note that the value of KuCoin shares can fluctuate, so it's essential to do thorough research and consider your risk tolerance before making any investment decisions.
  645

  215
• Balu005 Shiva005Apr 04, 2024 · a year ago
  KuCoin shares are indeed a good investment for earning passive income. As a shareholder, you can benefit from the exchange's success and receive a portion of the profits. KuCoin distributes rewards to shareholders on a daily basis. The amount of rewards you receive depends on the number of shares you hold and the trading volume on the exchange. The more shares you have and the higher the trading volume, the more rewards you can earn. It's important to note that investing in any cryptocurrency carries risks, so it's always advisable to do your own research and consult with a financial advisor before making any investment decisions.
  638

  160